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What Are the Pros and Cons of Going Paperless in Loan Management?

Should we stick with the status quo or go paperless?

Pros: better workflow, fewer administrative errors, less risk of information loss, reduced administrative overhead costs, and greater accessibility to information.

Cons: initial upfront investment, ongoing training and support considerations, and under-utilization of the software.


AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 01/27/2014

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